average fuel prices are likely to be higher than the level seen in the previous year. This trend may affect monetary policy maneuvering of central banks around the globe. The Federal Reserve is expected to
of year 2019 to the level of 300,000 tons, which was due to the lower palm oil output at the end of 2019 and the higher crude palm oil (CPO) demand. It was the result of the government’s measures
equity of the Group was considerably low at 0.25 time, same level as 0.25 time as at December 31, 2019. In summary, the Company had appropriate capital structure. GFPT Group Expansion Plan In the next 3- 5
considered low especially the government project as the public is still waiting for the national election on 24 March 19. As such, the Company do not foresee 2. Business Outlook on Q1/2019 3 G J Steel Public
this quarter is considered low especially the government project as the public is still waiting for the national election on 24 March 19. As such, the Company do not foresee 2. Business Outlook on Q1
financial position remains strong with low debt-to-equity ratio and high current ratio. Global Green Chemicals Public Company Limited Management Discussion and Analysis | 3 10% 90% 1Q2019 41% 59% 1Q2018 444 8
weaker to previously average level. Amongst uncertain situation in many countries, Thailand’s post-election government was formed in June. That was a positive factor to promote the country’s stability in
with low Debt to Equity ratio and high current ratio. Global Green Chemicals Public Company Limited Management’s Discussion and Analysis | 3 Operating Performance Exhibit 1 : Consolidated Company’s
previous year owing to the low CPO stock level (nationwide) of 133,079 tons as of March 2021 caused by less output production in the harvest season. ▪ Edible Oil’s Quantity sold in the 1st quarter of 2021
consumption from government subsidy to the low-income citizens and local tourist promotion. Meanwhile, internal and external factors that affect the Thai economy are the inconclusive trade war between the US